Karl-Johan Persson Archives

New H&M boss Daniel Ervér faces pricing dilemma in fight to win back customers

By Reuters API Published Jan 31, 2024 The new boss of H&M faces a thorny dilemma: increase prices and lose more ground to budget online fast-fashion rival Shein, or cut …

H&M CEO quits as sales keep sliding, shares drop

by Lionel Rogers

By Reuters API Published Jan 31, 2024 H&M’s CEO unexpectedly quit on Wednesday and company veteran Daniel Ervér took over with immediate effect, as the Swedish fashion retailer struggles to boost …